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FOR SALE
Investment properties
99 Cumberland St, Woonsocket, RI 02895
Individually Owned
Free & Clear
Property ID
US76-0150639
For Sale
1 / 12
$1,100,000
99 Cumberland St, Woonsocket, RI 02895
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Property summary
AI-generated overview
Exceptional investment opportunity: a four-story, 16,332 square foot funeral home situated on a 1.26-acre lot in Woonsocket, Rhode Island. This substantial property, located at 99 Cumberland Street, is zoned C-1 (Commercial) and offers a multitude of features including multiple service rooms, a dedicated office area, and a basement encompassing preparation space and ample storage. The lower level also includes car storage and repair capabilities, enhanced by five cross-bay garages equipped with ten overhead doors. Adding to its versatility, the property includes two residential units. Its convenient location just south of the Massachusetts state line provides easy access to a wider market. The asking price for this unique property is $1,100,000. This presents a rare chance to acquire a well-established and versatile commercial property with significant potential.
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1937
Construction
FRAME
Total area
10,436 SF
Lot
0.35 ac (15,061 SF)
Zoning code
C1
APN
WOON M:22C L:62 U:20
UPID
US76-0150639
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Darling Renee E Social Service Agency
-
Fournier Arthur V Funeral Director Social Service Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.18M
Blend (final)
Blend
$1.10M
Owner & transaction history
ARTHUR V FOURNIER
ARTHUR V FOURNIER
Zoning & alternative use
C1 · Woonsocket, RI
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Woonsocket submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Woonsocket submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,240,000
Current use
Blend value · Realmo final
$1.10M
Range $986k – $1.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$105 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Assessed value
$692,000
Assessed 2023
Previous assessed
$692,000
+0.0% YoY
Assessed land
$79,300
Assessed improvement
$612,700
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
For Sale
Year built
1937
Construction
FRAME
Heating
STEAM
Cooling
YES
Buildings
1
Stories
2
Units
3
Total area
10,436 SF
Lot
0.35 ac (15,061 SF)
Zoning code
C1
APN
WOON M:22C L:62 U:20
UPID
US76-0150639
Jurisdiction
WOONSOCKET
Zoning & alternative use
C1 · Woonsocket, RI
Zoning C1 · permitted uses
C1 · Woonsocket, RI
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Woonsocket. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$1.2M
COMMERCIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1937
Construction
FRAME
Heating
STEAM
Cooling
Yes
Stories
2
Buildings
1
Units
3
Lot
0.35 ac
Current owner
From public records · entity-resolved
ARTHUR V FOURNIER
Individual
Free & Clear · 0 yrs held
Mailing address
99 CUMBERLAND ST, WOONSOCKET, RI 02895-3301
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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